Via Coffee Party Progressives: Wall Street Aristocracy Got $1.2T in Loans

Yet small business owners & others trying to start a business have a difficult time getting loans.

 

Wall Street Aristocracy Got $1.2T in Loans

www.bloomberg.com

 

Citigroup Inc. and Bank of America Corp. were the reigning champions of finance in 2006 as home prices peaked, leading the 10 biggest U.S. banks and brokerage firms to their best year ever with $104 billion of profits.